Monsen, Erik and Patzelt, H. and Saxton, T. (2010) Beyond simple utility : incentive design and trade-offs for corporate employee-entrepreneurs. Entrepreneurship Theory and Practice, 34 (1). pp. 105-130. ISSN 1042-2587Full text not available in this repository. (Request a copy from the Strathclyde author)
To strengthen the theoretical foundations of incentive system design for corporate entrepreneurship, we develop a moderated model of new venture participation, integrating financial, risk, and effort factors to more comprehensively understand the limits of economic utility maximization theory. We make explicit the trade-offs and opportunity costs for corporate employee-entrepreneurs. We use a conjoint field experiment to collect data on 1952 decisions made by 61 corporate employees to test how risk and effort moderate an employee’s decision to participate in a new corporate venture. We find that these factors do interact to affect the choice to engage in corporate entrepreneurship projects.
|Keywords:||incentive design, entrepreneurship , new venture participation, Commerce, Economics and Econometrics, Business and International Management|
|Subjects:||Social Sciences > Commerce|
|Department:||Strathclyde Business School > Hunter Centre For Entrepreneurship|
|Depositing user:||Miss Carol Ann Balloch|
|Date Deposited:||28 Oct 2010 15:43|
|Last modified:||24 Mar 2017 05:50|